Minimum Ownership Level definition

Minimum Ownership Level means, at any time, 10% of the outstanding shares of Common Stock on a fully diluted basis.
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Minimum Ownership Level means 50.1% of the Shares outstanding from time to time calculated on a fully diluted basis assuming the conversion or exercise of all outstanding Convertible Securities and Options or such lesser percentage as may be required or permitted to be held by the Gold Fields Group from time to time by South African Regulatory Requirements;
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Minimum Ownership Level means 50.1% of the Shares outstanding from time to time calculated on a fully diluted basis assuming the conversion or exercise of all outstanding Convertible Securities and Options or such lesser
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Examples of Minimum Ownership Level in a sentence

  • The Company shall use its best efforts to continue to qualify as a REIT and so long as Purchaser holds Shares representing, in the aggregate, at least the Minimum Ownership Level, the Company shall not, without Purchaser's written consent, take any action that could reasonably be expected to disqualify the Company as a REIT.

  • SRS shall promptly (and in any event within five (5) business days) inform the Company in writing if at any time SRS has failed to maintain any Minimum Ownership Level.

  • The Company shall continue to operate as a REOC for so long as Purchaser holds Shares representing in the aggregate at least the Minimum Ownership Level.

  • Notwithstanding anything to the contrary contained herein, the parties agree that even if ▇▇▇▇▇▇▇ Capital’s Net Long Position is less than the Minimum Ownership Level, neither the Initial New Director, the Subsequent New Director or any Replacement shall be required to resign from the Board.

  • Effective upon, and subject to, such time as [(i) ▇▇▇▇▇ fails at any time after the date of the Agreement to maintain the Velan Minimum Ownership Level or (ii)]2 the delivery of a notice of an intent to nominate directors at the 2024 Annual Meeting made by, or on behalf of, any member of the Investor Group, I hereby resign from my position as a director of the Company and from any and all committees of the Board on which I serve.

  • The Investor shall promptly (and in any event within five (5) business days) inform the Company in writing if at any time the Investor has failed to maintain the Minimum Ownership Level.

  • Gold Fields shall give notice to the Corporation of any changes in the Minimum Ownership Level forthwith upon being advised of the same by SARB or such other South African governmental entity or regulatory authority that then has jurisdiction.

  • Prior to the designation of any Investor Nominee to the Board, such Investor Nominee shall deliver to the Company an irrevocable resignation letter pursuant to which the resignation of such Investor Nominee from the Board and all applicable committees thereof may be accepted by the Board if at any time the Investor fails to maintain the Minimum Ownership Level or a court of competent jurisdiction finally determines a Material Breach has occurred.

  • Meridian shall continue to operate as a REOC for so long as Prudential holds the Acquisition Common Stock in an amount representing in the aggregate at least the Minimum Ownership Level.

  • SRS shall promptly (and in any event within five (5) business days) inform the Company in writing if at any time SRS has failed to maintain the Minimum Ownership Level.


More Definitions of Minimum Ownership Level

Minimum Ownership Level shall have the meaning set forth in Section 3.4(c) .
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Related to Minimum Ownership Level

  • Minimum Level (ML) means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Ownership Threshold means, with respect to any Person, Beneficial Ownership of the greater of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.

  • Aggregate Share Ownership Limit means not more than 9.8% in value of the aggregate of the outstanding Shares and not more than 9.8% (in value or in number of shares, whichever is more restrictive) of any class or series of Shares.

  • Base Level means the following amounts plus the percentage

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.